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Economists have been attempting to forecast the point of peak oil—the year when oil demand reaches its maximum level—since the…
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UAE Announces Fee Refund For Tax Service Charges From August 1Fees paid for “private clarification” of tax will be refunded in certain cases if the clarification is not issued, effective…
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Russia Legalizes Bitcoin For International Trade To Bypass SanctionsIn a significant legislative move, Russian lawmakers have passed a bill permitting businesses to use Bitcoin and other cryptocurrencies in…
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Aramco Breaks Ground On 47,000-seat Stadium In Al KhobarAramco, a global leader in energy and chemicals, announced on Wednesday the commencement of construction for the Aramco Stadium in…
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Bitcoin, the revolutionary digital currency, has not only transformed the financial landscape but has also captured the imagination of millions…
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In 2024, nine of the world’s 10 busiest ports are located in Asia, underscoring the eastward shift in global trade…
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Barcelona Shows The World What Bad Housing Policy Looks LikeJaume Collboni, the Socialist Mayor of Barcelona, has presented figures showing the disastrous results of his predecessor’s flagship housing of…
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Saudi Arabia Allows 100% Foreign Ownership In Most Business SectorsSaudi Vice Minister of Commerce and CEO of the National Competitiveness Center (NCC) Dr. Eman Al-Mutairi noted that the Kingdom…
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UAE: Company Fined DH10 Million For Fake Employment Of 113 CitizensA private company was fined Dh10 million for failing to comply with the standards and controls regulating Emiratisation in the…
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Court Orders Training Institute Owner And Guarantor To Pay BD181,000 For Unpaid Diamond PurchaseThe High Commercial Court has ordered the owner of a training institute and his guarantor to pay BD 181,000 to…
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Fair Share? Yellen Says US Opposed To Global Wealth Tax On Ultra-RichA proposal for a worldwide tax on the assets of the ultra-wealthy that’s being pushed by some countries within the…
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Bahrain: Parliament To Discuss Increasing Housing Finance from BD80,000 to BD120,000The Public Utilities Committee of the Council of Representatives is preparing to discuss a new draft law that proposes increasing…
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Bitcoin Investment Fund Opens Doors To EU CitizenshipA new fund has started offering Bitcoin holders a way to become European Union citizens through Portugal’s golden visa program.…
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A growing number of African countries are turning to gold to hedge geopolitical risk and protect against currency losses. Nigeria,…
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Oil Spill Threatens Philippines Capital After Tanker CapsizesA marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing the death of a…
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Gold Demand In India Surges After Customs Duty Cut In BudgetIndia saw a surge in gold demand following the announcement of a cut in customs duty on gold and silver…
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Abu Dhabi Announces Interest-free Marriage Loans Of Up To AED150,000 For EmiratisA ‘Marriage Loan’ initiative that will provide an interest-free loan of up to Dh150,000 for eligible newly married UAE Nationals,…
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Oman Gets Emergency Fund Loans For SMEsOman establishes an emergency fund aimed at assisting small and medium enterprises (SMEs) following the impact of a tropical cyclone…
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Saudi Arabia Gets Fund For Jeddah TowerThe Saudi Arabian fund responsible for what will become the world’s tallest tower has been acquired in a $1.8 billion…
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Dubai Real Estate: Office Market Shows Resilience As Demand Outpaces SupplyDubai’s commercial property sector showed stable transaction volumes in the second quarter of 2024, according to a report by Betterhomes.…
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